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Quarterly Result13 Nov 2026, 06:57 pm

Harig Crankshafts Declares Un-Audited Standalone Financial Results

AI Summary

Harig Crankshafts Limited announced its un-audited standalone financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved these results, along with the limited review report from statutory auditors M/s M. B. Gupta & Co. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with a resolution plan approved by NCLT in April 2024. The reconstituted board, appointed in May 2024, is not responsible for the company's performance prior to its reconstitution. The company operates solely in real estate services. Management is confident in the company's ability to continue as a going concern, despite uncertainties regarding future taxable profits for recognizing deferred tax assets.

Key Highlights

  • Harig Crankshafts declared un-audited standalone financial results.
  • Results cover the quarter and half year ended September 30, 2026.
  • Company is undergoing Corporate Insolvency Resolution Process (CIRP).
  • A resolution plan was approved by NCLT in April 2024.
  • Financial results prepared on a going concern basis.